GameStop Non-GAAP EPS of $0.04, revenue of $0.86B misses by $27.68M
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Contributor since / Followers
Contributor since / Followers
2 weeks ago
- GameStop press release (NYSE:GME): Q3 Non GAAP EPS of $0.06.
- Revenue of $0.86B (-20.4% Y/Y) misses by $27.68M.
- Selling, general and administrative (“SG&A”) expenses were $282.0 million for the period, compared to $296.5 million in the prior year’s third quarter.
- Net income was $17.4 million for the period, compared to a net loss of $3.1 million for the prior year’s third quarter.
- Cash, cash equivalents and marketable securities were $4.616 billion at the close of the quarter.
- During the quarter, the Company completed its previously disclosed “at-the-market” equity offering program pursuant to the prospectus supplement filed with the SEC on September 6, 2024 by selling 20.0 million shares of its common stock for aggregate gross proceeds of approximately $400.0 million (before commissions and offering expenses).